They all have 3 illnesses in common,. - High prices - Low quality offerings - Service ranging from inadequate to out right terrible. So there you have it.
Went to an IHOP recently for breakfast. I remembered it as nice food at great prices. $30 for one person for a small OJ, Two eggs, hash browns and three pancakes. Ridiculous prices! Never again.
IHOP has been overpriced and expensive for years now especially in comparison to some other places that specialize in breakfast foods. I won’t eat there anymore not because it’s pricey for what it is but because the service is terrible no matter what IHOP you go to and what state you’re in. You wait an hour before being seated and then you wait an hour to eat your food.
unfortunately, all these restaurants that are being named in this report have lowered the quality of their food while raising their prices beyond affordable. Not to mention, the food they are serving isn't even safe to eat. For most of these restaurants, like in California, it's just a matter of time when these restaurants will close when the minimum wage goes up to $20 per hour. Lastly, the younger generation today is cheaper than the older generation. If this doesn't kill our restaurants, one more lockdown or continuing Biden economics will surely do it.
Lorihoop good for you! Several months ago I was jonesing for a burger. They opened a Five Guys near me about 12 years ago and went there when it first opened, good burger and fries at the time and if I remember correctly it was about $8. So now I stop in 2 months ago. I asked for a burger with cheese and onions and mushrooms, no fries just the burger. The cashier then says it will be a few moments and that will be $18.48. I looked at the woman in disbelief. I said are you sure you got my order right? I just want a burger, no fries, no beverage? She said yes and that’ll be $18.48! I said no it won’t because I’m outta here cancel the order. Will never go back again many of these fast food joints charge ridiculous prices. People just gotta say no to these money hungry fast food places that charge criminal prices!
Carrabba's has been in decline for many years. Cheesecake factory was way overpriced before the pandemic. Most restaurants now are way overpriced relative to what you get. The lack of quality and quantity are to the point of just not bothering, better to learn how to follow recipes you can find online and make the same meals yourself.
Cheesecake factory is about 20 dollars for dinner. How is that overpriced for a dine in restaurant? If you go to an outback which is a lower end steakhouse you pay 30 dollars just for steak dinner or more. If you go to Mortons or Ruth's Chris it's 100 dollars and up for a good steak. Dennys is anywhere from 10 to 15 a dish but it's lower quality as well. So you make no sense whatsoever. Are you saying Cheesecake factory is McDonald's low quality which is about 10 dollars for a combo meal? Cheesecake factory charges 20 dollars to sit down in a clean restaurant with a decent quality meal.
@@MARZOSIRUS You beat me to it, friend. How many restaurants offer quality meals, many that contain large enough quantities that they can be enjoyed for a second time the following day? CF still gives you bread as part of their service, something that many other restaurants have either cut back on or never offered to begin with. All this and as you stated, for the average cost of $20 or less. How on earth does that make them overpriced?
@@MARZOSIRUS @clubmogambo3214 I say if you want to go out & spend $ why not support a local restaurant or diner? Chains are always going to goose you 1 way or another. I think it's better to give back to local places even on vacation. Usually a better value. JMO
Grow your own food. And don't report to the government that you have a food garden. The current government is trying to track everything Americans do to squeeze out every bloody nickel from our purses to survive.
The restaurant industry is way over saturated. It's all the same mediocre food, mostly prepackaged in a heat and eat format. Very little cooking actually goes on. All they're selling is some pipe dream theme. I can microwave pre-packaged food at home. Bring back the mom amd pop places that made everything including their bread in house
Every restaurant food in America brought by SYSCO truck. We make our own burger and steak at home since we found our local rancher where we get our meat and it taste way better than big box store meat and restaurant.
The amount of small restaurants that fell while these restaurants were soaring! Along with all the small restaurants that closed when covid hit and never reopened. It's weird to think about. These restaurants won and have found a way to fail.
Everywhere you look in America you see the signs of the end for a way of life that was the envy of the whole world. It’s a shame that so few understand that this is the result of moral decay.
I think social media has compromised the social aspect of dining out, especially at places like A&W dining and the like. Think American Graffitti. Just as hanging out at the mall is also fast becoming obsolete People don't even have to leave their own home to sociaiize with friends and family
It's a response to poor leadership, devaluing of the dollar, the increasing of the national debt, and I guess moral decay, because morals have disappeared, but our whole culture is a mess.
Be careful for what you wish. When everything closes down, where will you shop? Wishing poverty and misery on everyone solves nothing. That's giving in to socialism. Would you rather get a monthly bag of rice and a loaf of bread from the govt?
Here’s your solution, make it affordable for the average person. Make better food for better prices. A meal at any of they places shouldn’t cost me $20.
Thanks also to $34 trillion in accumulated Federal government debt and $9 trillion Federal Reserve debt and money printing. All diluting the value of our money got from working.@@stevenbrown5210
The one thing all these restaurants have in common is shitty employees. Sometimes it's as simple as people are tired of spending their money where employees don't care about their job. I'm not the one who thinks customers are always right either but I do believe in quality.
@@cleopatra1633 Exactly! It literally takes under 5 minutes to make eggs and sausage or bacon . I had breakfast for dinner a few days ago , made egg and cheese sandwich and it was done in no time. People are LAZY. I pass by my local McDonald’s and EVERY morning the lines are extremely long, when they could have set their alarm maybe 10 minutes earlier in order to prepare breakfast that’s more hygienic and healthier than fast food.
Not their fault, unfortunately. They’re simply reacting to higher rents, increased food costs, higher wages and so on. The inflation we’ve seen over the last three years is insane, and will continue until the government reins their spending. The result of so much money in circulation and the feds endlessly printing more to meet government spending means our money is rapidly becoming worthless.
Except for the fact that the economy is not declining. It is incredibly strong according to all legitimate data from the treasury and the department of labor and statistics. Turn off Faux News and OAN and go outside to enjoy some fresh air.
When I was a kid back in the 60s we never ate out. Ice cream once a month maybe at Dairy Queen. Maybe a hamburger at McDonalds or Burger Chef every other month. We were upper middle class. It was barbecue chicken or hamburgers on the back deck almost every day. Everything was at home.
They have 3 In n Out within 20-30 minute drive from each other, and they just announced their in the process of building another one. I agree it's the best money for your buck if you don't mind sitting in the long lines. Always packed.
Near me - we have a Runza, Taco Johns and a Burger King sharing the same parking lot. Runza and Taco Johns are always busy. Burger King might have one customer... *if* they're open.
@@urbanurchin5930 Yep, but that is beside the point. The point was how popular other joints are compared to BK. Last time I was at a BK, I was the only customer inside plus one car in drive thru lane. Their cook was screaming using lots of 'colorful metaphors' at the person taking orders for "flooding him with orders".
These restaurants are a mess what greed does. None of these restaurants owners/operators ever put money away for rainy days. They just kept spending like it would never end and now it looks like the end is near for many
My hubby & I have been for several yrs eating more at home. We usually do our own steak dinners (we make what we like in the portion sizes we prefer) and most other dinners. We allow ourselves 1-2 times a week to eat out, but since now living in a new town we are trying local or regional places - only using the big chains occasionally (like on vacation,...) I shop for what we need & slowly stock up on meats with sales, digital coupons & clearance racks (this is how i have for the last 12 years in retirement afford a steak dinner at home!)
Congrats Carolyn!!! Figuring it out and making the most of it is what it’s all about!!! Give the Mr. a high five 🙌🏾 over steaks the next evening you happen to enjoy in that way! Have a great one!
Why work when you still stay stuck in poverty and can't even afford a place of your own? Many have given up. I work. I'm homeless. Your generation had it way too easy. Just one job and you can buy a house and get married and take care of the family while the wife stays home with the kids. Now you have the husband, the wife, and even the kids working, just to barely afford rent and food.
@@Network126 that person is most likely a baby boomer sitting at home eating a subway sandwich with a bag of chips and a soda collecting a pension Medicare and social security all at the same time right now very comfortably wile talking down on any and everyone that crosses his path with a judgement.
@@Network126well, I'm sorry your homeless, but it sounds like you're living with your parents, relatives or friends.....you might ask yourself how did they do it but you didn't
@@josephdominics5935that person probably started working at 15 with a minimum wage at $1.40 per hour, did not have the latest fashion, did not splurge on beauty salons, nails, vacations, new cars, worked through college, never took welfare, never took food stamps, maybe held two jobs, packed a peanut butter and jelly sandwich in a brown bag for lunch, ate bologna sandwiches for supper.......just sick the "F" up, brat
@@legalbeagle295 Huh? I'm living alone in my broken dying car on the streets of Los Angeles trying to survive on rideshare and delivery jobs but I'm overwhelmed with problems and housing is too expensive.
Last time I ate at the local Dairy Queen I was charged an additional $3.00 for each cheeseburger by saying I wanted “everything” on them … “everything” was onions, pickles, tomatoes and lettuce!!! Yep, $3.00 for each burger!!! Last time I ate at the local McDonalds the cheeseburger was COLD, yep it was literally COLD!!! I went back to the counter to complain and was asked how long ago I bought the burger from the same guy who handed it to me about 3 minutes earlier… I’m so DONE with eating out … crappy food, crappy service and way too expensive!!!!
You can't grow carbonated soft drinks, doughnuts, doritos and kit kats in a garden. The average American's taste buds are trained to love such "foods" and they don't want to give up such garbage.
Local small farmers are going away also… Their children no longer want to inherit the farm and be farmers. Plus, the government is pushing green policies that tax them to death. When the farmer gets too old to farm anymore, and their offspring don’t want the family business, they end up putting the farm up for sale and big developers come in, swoop it up and build apartments. I live in farm country and I’m watching this happen all around me in live time
Why is it always the low end workers fault? Try focusing on the top and question why they aren't taking any pay cuts rather than passing on the cost to customers and allowing front end low wage workers who barely can make ends meet take all the blame.
You are the only person I’ve heard bring up this HUGE factor. Yet, everyone around me seems to think higher minimum wages is the answer… these people know nothing
@@Cerulean0987 Because "low end" workers are more accurately called unskilled labor. They have nothing to offer but their mere presence and an assumed willingness to learn the basics of doing a minimalist job. ALSO, these unskilled employees comprise far more cost to a company than the leadership. If you cut half the employees, or half their pay, at the bottom, you make a company hugely profitable. If you eliminate the top executive positions entirely you "might" add a dollar or three a week to the bottom paychecks...while leaving a company rudderless and bound for certain collapse.
The raising of minimum wages will not save America. Biden is killing our country in a few short years. Impeach Biden and Harris and all Democrats including the Dem Squad of people, that do not give a damn about any minorities in the USA. Americans are all suffering.
Instead of placing the blame on the poor try asking multimillionaire CEO to take a paycut for the greater good. Let me know the answer you get. I bet it begins with an N and ends in a O.
@@Cerulean0987 Such a stupid point. If you eliminate executive salaries across the top of a corporation you "MIGHT" add 2 or three dollars a week to unskilled labor's paychecks...while leaving your company rudderless. If you want a nice income gain skills. If you want to remain unskilled then take what you get and stop crying.
@@sactopyrshep Yes? So? There are lots of things you can't afford when you don't have the skills to get a good paying job. There are two solutions: Gain skills and become worth more, or, be satisfied with having less.
@@scottysgarage4393 I believe if you are trading your time and labor to allow a business owner to sell his wares or ply his trade, they should pay you a wage that is sufficient to allow you to purchase food and shelter.
government got what they wanted Everybody wanted $16 an hour to flip a cheeseburger. Which drives up the costs which drives down the customer base, which drives down profits, which closes doors.
You want homeless people working your restaurants? You want desperate, hungry workers flipping your burgers? Ever think of looking at the impacts of greedy landlords raising the cost of living?
@@cuseyeti_one8three Get a job skill. You can't live off $16 an hour anyways, so go get a career. Go get a talent, go get something besides flipping burgers. Because at that point you're just useless to society.
Don’t blame the workers! The private equity companies that own these places have one goal: to squeeze every cents profit to the investors. Workers only get 4 hour shifts with no lunch, no breaks, no vacation. Most workers will have two jobs or will easily leave if they find anything better. There was a time when immigrants would open places to eat.they knew how to cater to locals. Now the corporations run places with no knowledge of customer service.
I remember back in '82 I used to love going to Burger King and getting a Whopper and fries. They were so good. But times changed. I went to Burger King the other day for the first time in about six years, just to see, maybe I'd get a good Burger like I remembered back in the day. Nope. I may pass away before I ever think to go there again. It's gonna be years I imagine before I forget how bad it was again.
Totally left out that some chains have totally broke out if their typical pricing. It has become EXPENSIVE to dine at Denny’s, and quality of food and most notably has plummeted in many chains, even steakhouses like Outback, Longhorn and similar.
Prices are outrageous because Bidenomics disease has taken over the major companies that create the food. Control the food, control the people. Don't you see your freedoms are being taken away by all Democrats?
Most of these restaurants are going down because their food sucks. Burger King has been awful for 20 years. IHOP can't cook eggs or bacon properly. Neither can Denny's. Sonic food tastes like it's been sitting under heat lamps for a few days. Cheesecake once had very good food but it turned mediocre more than 10 years ago. Their menu is huge which means they do nothing well. Walmart sells better cheesecake.
Overtime focus on profit for shareholders leads to overpricing and consumers fleeing. If in the meantime inflation goes up it only quickens the process. Not crying for these chains, they made billions luring people to their business with offers at the beginning before they started milking them for profits.
When a burger and fries cost $15 at a fast food restaurant, and you get slow and surly service, and your order is usually wrong or incomplete because the workers are unmotivated due to management not being able to hire anyone, resulting in no disciplinary actions taken towards lazy, incompetent, and entitled employees, then you get a decline in business due to angered customers. Ever have a teenager curse you at a fast food place because you told her manager that she cooked the wrong item? I showed a manager a receipt and explained that I was allergic to the food I was given, only to be threatened by an angry kid who decided that she could tell I was illegitimate by looking at me. The manager sent her home with pay when this spoiled brat threatened to quit. No wonder chains are increasing the number of robots at their locations. Ever seen the video of a fast food employee who didn't like being told she forgot the French fries? She took out a pistol and discharged it at a family in their vehicle at the drive-through! It's a GOOD THING that they're closing!
I have to admit, since 2020, I eat out about once every two months. I used to eat out at least twice a month. Not only has inflation made dining out less attractive, but it is far cheaper (and healthier) to buy fresh food and cook at home.
*Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject! Thanks to Mylah Evander*
Maybe this upheaval is needed. The big chains have had their run and it's time for local businesses to make a come back. I eat the majority of the time at a local restaurant. Yeah, they don't have the advertising of their name splash everywhere like the big chains. But, when I want a hamburger I will drive to a local burger joint. The nice thing about a big chain is that they are easier to find when traveling around.
The only restaurants that will survive are the ones that become fully automated. Next year in California, all fast-food workers will be making $20 an hour. Just imagine how much a Big Mac is gonna cost 😡
No staff? There is a problem with young people that just don't want to work to have some extra money towards their goals. Entitlement and being spoiled is a problem.
@@brealistic3542 Until we leave this earth we WILL work. The problem is they want a 6 figure salary but don’t want to go to school , don’t want to work to gain valuable experience etc. They want to leave high school and get a 6 figure income. I’m 39 and my peers and I LOVED working our little part time jobs in high school. It gave a sense of independence because now we had our own money. NOW after moving up the corporate ladder with a valuable degree that is worth something, I now make 100k and over .
Entitlement and being spoiled are the owners that have 10br/12ba homes with 5 vehicles. Because they overpay themselves. And don't even pay the workers enough to live in a 2br apartment and afford 1 car. Make it make sense.
All of these restaurants have one thing in common - a direct tie to Wall St. Their performance in the stock market is the constant driver to improve value for shareholders. This includes raising prices, cutting costs and closing slower-performing locations. It is a race to the bottom and it's going to get ugly. Upside? The opening & survival or more locally-owned mom & pop restaurants that don't have to answer to anyone but their customers. Eh, good riddance to a lot of these chains. Is anyone really going to miss Ponderosa or Red Robin?
Of all the eateries mentioned here as far as being in financial straits, I'm most surprised that Cheesecake Factory and Red Robin are listed amongst them. Especially the CF. I've dined at their establishments in numerous locales for more than 40 years, and I've never noticed any decline, either in attendance - they're always super busy - or quality of their food. As for Red Robin, I can only speak for the one that's near my house, and it too is always busy. But you never know in this day and age what's doing well and what isn't.
@@RichV20 I kinda agree here. I mean, I'm glad they offer a large variety of choices, but they could probably trim it down some and still have a lot from which to choose.
5-6 years ago Red Robin was about my favorite sit down burger place. The quality was outstanding, the portions were obscene and I left feeling I got my money’s worth. This summer I went in a pinch (Wife hates it kids love it.) and unanimously we all hated it and wished we went to Wendy’s. However that’s now $60 for a family of four.
This is the unintended consequences of raising the minimum wage to $15 an hour. Here in California, as of April 1st the minimum wage will be $20 for fast-food workers. Inflation is high, interest on loans is high. What's the first thing people cut back on, going out to eat. This is only going to get worse.
I disagree too. People often blame low wage workers for high prices. Why not insist CEOs bear some of the responsibility and allow low end employees to survive.
Don’t forget it is a game . We the people loose . First they rise prices ,rent etc and they say hey let’s increase the minimum pay . We not gonna catch up ever .
You nailed it! I can’t believe Cali is going to pay fast food workers $20 an hour… that’s going to devestate what’s left of the economy. People that demand these high minimum wage have ZERO economic intelligence. $20 an hour was once (not that long ago) reserved for highly skilled workers who were the foundation of the middle class. The biggest problem with raising the minimum is that the skilled-middle class worker gets no raise as everything around them goes up in price.
I have fond memories of Ponderosa restaurant and Bonanza restaurant as I grew up with them. In their time they were the only steakhouse restaurant around. It was a time when the weekly cowboy show Bonanza played on TV.
The price of eating out has been increasing over time, but has taken a huge increase since the pandemic, along with many other products and services. Increased wages maybe part of it along with higher costs to ship. The city a restaurant is located in also may increase the price. I live in Western New York State and here people really love to eat out. Certain times of the day restaurants are filled to capacity and apparently are doing well. The pandemic did force many to be open on fewer days, but old regulars mark their calendars as to what days, and of course Friday nights are always busy. Anyway, we shall see if any of these restaurants mentioned will really be gone a year from now.
Few have tried all failed. You go to a restaurant for its taste, not healthy food. It is a treat not a normal way to eat. Yes, people need to learn how to cook again as that is the only healthy way you can eat regularly. High costs and low margins will force many business to close their doors. The gig economy is failing now as well with these places closing.
I hardly ever eat out at all. Screaming kids, people bringing their dogs into the booth, noisy loud talking, sales tax and tipping are expensive as well as the food. Then there is the unhealthy aspect -- everything is full of fat, salt, and sugar, three of the worst things for health.
If restaurants served healthier food, people would not buy it. Americans like their processed high fat, high sodium, high sugar food. Plenty of Americans cook unhealthy foods also. It's about being disciplined to eat and do for your body what is natural and healthy, not what your perverted tasted buds are telling you to eat.
During the 90's, HARDEES was the hands-down best breakfast biscuit restaurant, with a combo around $3. Drive-thru lines around the building. Now, the same combos are $8 . There is a HARDEES near me that , during the 3 to 5 PM slowdown, just tells the drive-thru customers that "the system is down" and refuse to take your order. When you drive away, you can see the employees sitting together at one of the indoor tables.
You can think California and Governor Newscum. A crew of four each making 20 an hour is $80 per hour. That would be $640 per 8-hour shift. Not counting cost of overhead lease space electricity and the actual food cost. That would make a Burger King just to pay for labor have to sell $108 worth of items every hour on the hour
@@Demy1970 what??? So in the greatest nation on earth with a multi trillion dollar economy... Enough money to give billions to people all around the world... What's the most expensive health Care on the planet.. lol. You think American citizens that work fast food don't deserve a living wage wage just because they work in the service industry?
The last time I ate at Red Robin, there were two women sitting at the table behind us, and their kids were wearing pajamas, creating a lot of noise and running all over the place. It never used to be this way, and now it's everything and anything. I eat at now home, so I don't have to deal with this while paying for a $25.00 meal.
Sad to see carrabas go. I remember when the ambience of their restaurant was great along with the quality of food. They seemed to go downhill after the remodeling had been done where you couldn't see the amazing chefs at work.
Some of the "meals" at McDonald's are now $8-$12. Per person. Drinks are $1.99. We just can't afford that. About the only thing we still go to is Chik fil A.
Ihop: the food was always served cold. Burger king: filthy; Ponderosa: horrible service; Sonic: slow and filthy; Red Robin: bad service: Potbelly: never heard of them;Carabas: the food always came burned to smithereens: The cheesecake factory: fattening and unhealthy;
.....Potbelly is a chain based in either Arvada or Golden or Boulder Colorado. I ate at one in Denver about 10 years ago. It wasn't terrible - but I will take a half dozen of those 2 for 99 cents tacos at Jack in the Box over most all of them !
What I’ve noticed in some fast food places is the lack of decent workers! Many never even smile when talking to a customer, many just drag their feet around looking like they would rather be somewhere else than actually working! I’m off and on with our local KFC - I’ve had great service and super food but a couple weeks ago I stopped in - waited at counter (NO I do not do drive-thru for many reasons!!!) - the employees were sort of behind the prep area having their own conversation and never even noticed that I had walked in! I did wait for a short while - curious if or when they noticed a customer - finally left! Perhaps I should have done a “Karen”! but I’m not like that!
You mean re-elect Joe Biden. 😊 If you're referring to the previous occupant of the White House, he managed to bankrupt a casino, bought an airline and ran it I to the ground, couldn't sell steaks, liquor, or bottled water, and ran a scam university.
Red Robin used to have the best giant burgers for a good price. Now all you get is a small hamburger, and double the price. To get the big hamburger, you will need to sell your soul to afford it. And quality is no longerl the same. We quit going there years ago.
I might agree with some of these, but I don't think Burger King and IHOP are going away in 2-3 months. Maybe they'll close some local/less profitable restaurants, but they're not vanishing. I prefer Burger King to McD as I expect many people do.
@hobie1115 McD's doesn't use microwaves or have their burgers marked at the factory with grill marks. BK does not "flame broil" anything anymore. + the rest of their menu stinks compared to Wendy's or McD IMO
These fast food places are not going under because of the prices and people not having money. They are going under because the employees and/or managers just don’t care and it shows in the food served. My job is recession proof being in the energy sector. I will not eat at any fast food places because the service is just awful. The employees are making more. They are getting paid more. But the service is terrible. The whole experience is. Last time i ever went to a fast food place was Taco Bell 9 months ago. Going thru the drive thru, I heard that normal drug addict voice that druggies have. I knew the food was gonna be terrible so I just left. I’ll go to a local establishment all day and normally do with working so much. But never a chain restaurant again.
The dregs of society patronize these places as well. Just stay home and make your own meals. That is what I do. That way, I know what I am cooking and the ingredients are better. Most restaurant food is ultra processed.
@@tinasmith8241 I don’t anymore either because of the prices. For my family of 4, any place will be 60 or close to it. I can get better quality for that amount
Too many restaurants raised prices which with decreasing discretionary income, found the elastic market options for more budget friendly options, so raising prices reduced revenue. Add some of the mandatory or pressure to tip well over 10% made customers give where they go second thoughts.
Most restaurants have lousy service and can't get the order right. Sonic has stale hot dog buns. You order a milkshake you get " Our machine is down." They deserve to go out of business.
It is no wonder that Red Robin is going away. Here in Vegas the chain was the place to stop for good service and great burgers/fries/onion rings. In the last couple of years everything has declined to the point that it is a joke among the many locals who used to go at least once a week. Good riddance in my opinion.
Everyone should be happy. Look at the ingredients they use here versus other countries they open the same brand up in. Idk what they thought was gone happen being greedy won’t make you last
I totally agree that the quality of these chains has gone downhill in recent years, especially IHOP, Denny's, Burger King, and Sonic, in my own experience. And some, like Ponderosa, have slowly been dwindling for years. And I can't even remember the last time I saw Benihana, much less eaten at one. But to say all of these will be vanishing in the next 3 months? Nope. If you look around at the end of January 2024, I'm willing to bet most if not all of these chains will still be around. Smaller, perhaps. But still here.
Hubby and I are finding it harder and harder to justify the luxury of eating out in a restaurant. We have chosen to prepare a home-cooked seafood fettuccini dinner for my upcoming 65th birthday dinner because the cost for our family for such a meal would be astronomical! 😲😲😲
Also, customers are dissatisfied with the food quality, cleanliness of the restaurants, and lack of or poor service. All three of these are tied to employee training and accountability. Hire people who want to work, and managers who want to manage. This is ALL the fault of these companies. When prices go up, then it's the responsibility of these restaurants to provide the BEST experience possible for their customers. We purchaed a van with all the comforts of home because of these issues. We have a stove, microwave, refrigerator, and a bathroom. We no longer need unclean restaurants/bathrooms and rude employees.
Makes one wonder if the almighty rise of minimum wage is the culprit of most of these closings. Minimum wage is shrinking choice and creativity in America. Pretty soon there will only be poisonous low quality food joints left. Thank you 38 year old burger flipper for never pushing yourself to advance in life to an adults job. Huge increases in Minimum wage is destroying choice while making my money worth a lot less.
@@Cerulean0987 why should we demand a ceo cut his pay? I’m not saying right or wrong just asking. I think the problem is that people are too willing to stay at minimum wage jobs. Why? There is no reasonable excuse to work minimum wage if you are over 21 and have kids. I see these people jumping from job to job and calling off, showing up late and complaining every waking minute yet not doing a single thing to better themselves. It’s excuses. I worked minimum wage for a few years and moved up. No college, no family money, no special skills at all. The only thing I had was a desire to not earn $5 an hour! Some people will bitch and moan and never sacrifice to better themselves. They are on their knees to life and take a victims stance. It’s always someone else’s fault. You think if the ceo had to take a pay cut that the minimum wagers would make more? It wouldn’t work that way anyway. There’s no correlation between the two. I hated my low end jobs and that was enough to motivate me to get out and move up. I think some people would rather take a hand out than to work with the system to succeed. It’s so much easier to point fingers and blame others than to show up on time and do a good job…. So you can advance and get out. Whoa, I got way off there! Respect-- not many YTers can have a constructive talk about this. Hopefully you are different
@@fortyfour6626 OK Boomer. You're probably not a Boomer but you have the same attitude. Many of these low wage jobs are I places which are already economically depressed, like dying industrial towns and rural areas where there is little opportunity to trade up to higher paying jobs, many of which require a college degree. Now you'll probably sound like a douchebag and say why don't they just pack up and move where there are more Jobe, but once again there's t h e issue of education for some fields, and then there's the added issue of cost of living. What good is it to be paid $20/hr if you're paying $1,000/month in rent fir a studio or one bedroom apartment, not to mention higher costs for driving a car including gas and insurance? Have you lived in New York, San Francisco, Los Angeles, Boston, or even Chicago lately? Sure, they could move to Phoenix, Austin, Nashville, or Charlotte, but those cities are already experiencing the same astronomical price increases due to surging demand, not to mention the GOP douchebags currently running the stare governments.
It's not just the executives' pay. It is also all their perks, like stock options, bonuses, company cars, company credit card, etc. We should follow what many other countries do - put limits on executives' pay to equal a certain % of what their workers make. What the neck do they do that warrants all that pay? How do they bring actual value to the company? Some special people may, but not the vast majority. When one had so much money that they can't spend it in their lifetime, that's too much! NOBODY deserves that much money for the little work that they do.
This is called: "We're all broke." I love Denny's. I worked there as a teenager fifty years ago. The current establishment would rather I spend my money on taxes.
I live in Bloomington, Indiana. The reason the reason why this location closed is because the food was nasty and employees were on drugs. It's a few blocks from The Indiana University stadium and a key part of town. They should have had every reason to succeed, but bad management.
Its also declining because of food deliveries like uber eats , door dash, insta cart . Not to mention employees are tired of being underpaid and over worked and no reasonable hours and mistreated on the job . No wants to deal with disrespectful customers and employees on the job.
Buy LOCAL, dine LOCAL, bank LOCAL, shop LOCAL, live LOCAL, be LOCAL. Let's work to rebuild the fabric of COMMUNITY the United States of America was built upon. Stop the rich from getting richer while they destroy the fabric of life for the majority of Americans!
The Sonic here (Ozarks area) is next door to a Braum's, a regional dairy. Sonic is selling burgers at a quasi-East Coast price, while the reginal dairy next door is selling burgers at about a 30% discount, and the quality is at least as good if not better. Hmm. Wonder shy it's not doing so good?
Restaurants don't seem to understand that they get only ONE CHANCE to win and keep a customer. If the food is not up to par, a customer will NEVER come back. In Mt. Pleasant, PA there;s a restaurant called "The Service Station" (it was an old gas station on the main drag)that does a "land office" business! Why? The food is great! Simple.
One point I’d like to make about these closures and other business and it seems to come in waves is. Most of these business locations the buildings/ properties are NOT owned by the restaurants themselves but least on long term leases generally on 10 year contracts give or take. So what’s going on in my opinion is the restaurant chain looks at these locations probably at least 2 years in advance and puts them on a internal watch list and when it comes time to renew or not to renew the lease they chose not to renew. And if a lot of these locations where open years ago at the same time they might have a hole slug of renewals coming do at the same time. So I think they chose to not renew and maybe lock for a more favorable location. By looking at a lot of data in trends like local political climate. That can include long range urban planning by cities-etc. Local business climate. National and international business climate that has a positive or negative impact on the local community. So in ending there are 3 ways to get out of a property lease. 1 not to renew. 2 file for bankruptcy protection that allows them to break the lease without penalty. 3 break the lease and incur a penalty that is less then what they are loosing In daily operations because they might be within a year or to of lease renewal but it’s cheaper to take the hit and move on. Only time will tell on all this.
Stock Market Crash Is Coming, Massive 30% Drop Will Shock Banks & Investors - ua-cam.com/video/9cLljGDafV4/v-deo.htmlfeature=shared
CD's doing fine in my area of FL. . . Fascist lies!
They're not done yet"
been hearing that for a couple of years now. As it reaches new highs.
Buffet is French and pronounced buffay.
So sad that Jimmy Buffay passed away, I enjoyed his fishy music. @@hydrolito
The quality of food in a lot of these places is garbage. Hard to sell garbage.
They all have 3 illnesses in common,.
- High prices
- Low quality offerings
- Service ranging from inadequate to out right terrible.
So there you have it.
With high food prices at grocery stores that are rising daily , who on earth can afford to go to a restaurant to eat out??!!!
Ask All the people who buy GMC Yukon's
Went to an IHOP recently for breakfast.
I remembered it as nice food at great prices.
$30 for one person for a small OJ, Two eggs, hash browns and three pancakes. Ridiculous prices!
Never again.
IHOP has been overpriced and expensive for years now especially in comparison to some other places that specialize in breakfast foods. I won’t eat there anymore not because it’s pricey for what it is but because the service is terrible no matter what IHOP you go to and what state you’re in. You wait an hour before being seated and then you wait an hour to eat your food.
Quality costs money. Better do that once in a while instead of going to the fast food carbage places.
It's the end!!!
unfortunately, all these restaurants that are being named in this report have lowered the quality of their food while raising their prices beyond affordable. Not to mention, the food they are serving isn't even safe to eat. For most of these restaurants, like in California, it's just a matter of time when these restaurants will close when the minimum wage goes up to $20 per hour. Lastly, the younger generation today is cheaper than the older generation. If this doesn't kill our restaurants, one more lockdown or continuing Biden economics will surely do it.
I'd look at the menu, walk out.
$34 for 3 people at McDonald's. No thanks, not going back.
Lorihoop good for you! Several months ago I was jonesing for a burger. They opened a Five Guys near me about 12 years ago and went there when it first opened, good burger and fries at the time and if I remember correctly it was about $8. So now I stop in 2 months ago. I asked for a burger with cheese and onions and mushrooms, no fries just the burger. The cashier then says it will be a few moments and that will be $18.48. I looked at the woman in disbelief. I said are you sure you got my order right? I just want a burger, no fries, no beverage? She said yes and that’ll be $18.48! I said no it won’t because I’m outta here cancel the order. Will never go back again many of these fast food joints charge ridiculous prices. People just gotta say no to these money hungry fast food places that charge criminal prices!
THE FOOD IS CRAP. THEY ALL SUCK
WOW!!!! Yours is cheap! Where you at??? I recently paid $15+ for a combo.
Carrabba's has been in decline for many years. Cheesecake factory was way overpriced before the pandemic. Most restaurants now are way overpriced relative to what you get. The lack of quality and quantity are to the point of just not bothering, better to learn how to follow recipes you can find online and make the same meals yourself.
What about people who don't have access to a kitchen?
@@vinny-is-hereIf there’s a will there’s a way.
Cheesecake factory is about 20 dollars for dinner. How is that overpriced for a dine in restaurant?
If you go to an outback which is a lower end steakhouse you pay 30 dollars just for steak dinner or more.
If you go to Mortons or Ruth's Chris it's 100 dollars and up for a good steak.
Dennys is anywhere from 10 to 15 a dish but it's lower quality as well.
So you make no sense whatsoever.
Are you saying Cheesecake factory is McDonald's low quality which is about 10 dollars for a combo meal?
Cheesecake factory charges 20 dollars to sit down in a clean restaurant with a decent quality meal.
@@MARZOSIRUS You beat me to it, friend. How many restaurants offer quality meals, many that contain large enough quantities that they can be enjoyed for a second time the following day? CF still gives you bread as part of their service, something that many other restaurants have either cut back on or never offered to begin with. All this and as you stated, for the average cost of $20 or less. How on earth does that make them overpriced?
@@MARZOSIRUS @clubmogambo3214 I say if you want to go out & spend $ why not support a local restaurant or diner? Chains are always going to goose you 1 way or another. I think it's better to give back to local places even on vacation. Usually a better value. JMO
They crushed the living hell out of small businesses and wiped out the middle class!
Thanks Brandon!
I couldn’t have said it better.
Add fauchi to the list. (Will be happy when these text boxes learn to spell again!)
Nice job FJB! Sarcasm off
Who are "they?"
They can try to "adapt", but the bottom line is eating out is too damned expensive. And with the cost of groceries prices these days, they are doomed.
Grow your own food. And don't report to the government that you have a food garden. The current government is trying to track everything Americans do to squeeze out every bloody nickel from our purses to survive.
DOOOOOOOMMMMEDD!
The restaurant industry is way over saturated. It's all the same mediocre food, mostly prepackaged in a heat and eat format. Very little cooking actually goes on. All they're selling is some pipe dream theme. I can microwave pre-packaged food at home. Bring back the mom amd pop places that made everything including their bread in house
Workers are too drugged out and distracted by phones ...
Every restaurant food in America brought by SYSCO truck. We make our own burger and steak at home since we found our local rancher where we get our meat and it taste way better than big box store meat and restaurant.
The amount of small restaurants that fell while these restaurants were soaring! Along with all the small restaurants that closed when covid hit and never reopened.
It's weird to think about. These restaurants won and have found a way to fail.
Fast food tastes awful after the pandemic. Arby's and Jack in the Box curly fries are awful now.
Not anymore. Not only is it not saturated the small mom and pop places are just about all gone.
Everywhere you look in America you see the signs of the end for a way of life that was the envy of the whole world.
It’s a shame that so few understand that this is the result of moral decay.
Outstanding comment. I wish it wasn’t true but it’s spot on
Agree, sadly
NOT "moral decay"....... Democrats in power
I think social media has compromised the social aspect of dining out, especially at places like A&W dining and the like. Think American Graffitti. Just as hanging out at the mall is also fast becoming obsolete People don't even have to leave their own home to sociaiize with friends and family
It's a response to poor leadership, devaluing of the dollar, the increasing of the national debt, and I guess moral decay, because morals have disappeared, but our whole culture is a mess.
It doesn’t help that the currency is dying and your purchasing power is declining daily.
That is the hidden driver of our implosion.
I HOPE Wal-Mart is next! They ran way too many Small Businesses out, they need a taste of their own B.S.!!
Be careful for what you wish. When everything closes down, where will you shop? Wishing poverty and misery on everyone solves nothing. That's giving in to socialism. Would you rather get a monthly bag of rice and a loaf of bread from the govt?
Here’s your solution, make it affordable for the average person. Make better food for better prices.
A meal at any of they places shouldn’t cost me $20.
This is frightening. It looks the whole US is going downhill.
Thanks to Joe Biden
Thanks also to $34 trillion in accumulated Federal government debt and $9 trillion Federal Reserve debt and money printing. All diluting the value of our money got from working.@@stevenbrown5210
Care to elaborate friend? I bet you were one if the low brow bottom feeders sticking stickers on gas pumps blaming the President for that too. 🙄
@@brealistic3542 you're damn right I still have 500 of the stickers in the trunk of my car
I'm homeless in my car and I eat fast food everyday because I have no way of cooking or washing dishes or keeping food fresh..
The one thing all these restaurants have in common is shitty employees. Sometimes it's as simple as people are tired of spending their money where employees don't care about their job. I'm not the one who thinks customers are always right either but I do believe in quality.
Customer service is mostly a thing of the past, sadly.
Some high school kid preparing your meal?!
@@why67152 Yeah, you're right about that.
Too often employees don't understand that it is the customer who is paying them.
Obviously none of you have worked in the service field and had to deal with Karen's on the daily.
I cook more at home, it’s healthier and cheaper 🤷♂️
Indeed, people saying they have to eat unhealthy food are lying and are lazy. No discipline.
@@cleopatra1633I'm homeless in my car and I eat fast food everyday because I have no way of cooking or washing dishes or keeping food fresh..
@@cleopatra1633
Exactly!
It literally takes under 5 minutes to make eggs and sausage or bacon .
I had breakfast for dinner a few days ago , made egg and cheese sandwich and it was done in no time.
People are LAZY.
I pass by my local McDonald’s and EVERY morning the lines are extremely long, when they could have set their alarm maybe 10 minutes earlier in order to prepare breakfast that’s more hygienic and healthier than fast food.
@@Network126no your not. You are a liar
@@PettyIsMyMiddleNameAnd then they're late for work. How many pots of coffee can you brew for the cost of one cup at a druve-thru?
Imagine that all these establishments are failing because they all charge way to much for what they offer
Its not just fast food. Supermarkets, pharmacies and dept. stores also.
PUMPKIN PIES HAVE LOST THE SPICES CRITICAL !
This is the big restauraunt shakeout. Too many restaurants in a declining economy. Fewer and Fewer can affort the $50 tab for two. Plus tip.
I avoid. I took my wife out to Mexican restaurant and we both had essentially two tacos -- bill came $50.
It is so Ridiculous, maybe someday they will want paying customers back, and not cheat you on everything
@@eugenefirebird8938 and if you want a beer with those tacos they are like $10 per beer. it has just gotten stupid.
Not their fault, unfortunately. They’re simply reacting to higher rents, increased food costs, higher wages and so on. The inflation we’ve seen over the last three years is insane, and will continue until the government reins their spending. The result of so much money in circulation and the feds endlessly printing more to meet government spending means our money is rapidly becoming worthless.
Except for the fact that the economy is not declining. It is incredibly strong according to all legitimate data from the treasury and the department of labor and statistics. Turn off Faux News and OAN and go outside to enjoy some fresh air.
When I was a kid back in the 60s we never ate out. Ice cream once a month maybe at Dairy Queen. Maybe a hamburger at McDonalds or Burger Chef every other month. We were upper middle class. It was barbecue chicken or hamburgers on the back deck almost every day. Everything was at home.
In the year 2001 my sister gave me a $ 35.00 gift card for Red Robin. 2 cheeseburgers, French fries & 2 soft drinks = $ 43.00 . Never went there again
Now double that.
I live by 3 IN and OUTS (which is a burger joint). They are always packed!! Why, because they offer an excellent product at a reasonable price.
They have 3 In n Out within 20-30 minute drive from each other, and they just announced their in the process of building another one. I agree it's the best money for your buck if you don't mind sitting in the long lines. Always packed.
Oops, in my town.
Near me - we have a Runza, Taco Johns and a Burger King sharing the same parking lot. Runza and Taco Johns are always busy. Burger King might have one customer... *if* they're open.
@@bigdog8008.......this must be in Nebraska or Wyoming. Runza and Taco Johns are very limited in their reach and are not nation-wide.
@@urbanurchin5930 Yep, but that is beside the point. The point was how popular other joints are compared to BK.
Last time I was at a BK, I was the only customer inside plus one car in drive thru lane. Their cook was screaming using lots of 'colorful metaphors' at the person taking orders for "flooding him with orders".
These restaurants are a mess what greed does. None of these restaurants owners/operators ever put money away for rainy days. They just kept spending like it would never end and now it looks like the end is near for many
My hubby & I have been for several yrs eating more at home. We usually do our own steak dinners (we make what we like in the portion sizes we prefer) and most other dinners. We allow ourselves 1-2 times a week to eat out, but since now living in a new town we are trying local or regional places - only using the big chains occasionally (like on vacation,...)
I shop for what we need & slowly stock up on meats with sales, digital coupons & clearance racks (this is how i have for the last 12 years in retirement afford a steak dinner at home!)
Congrats Carolyn!!! Figuring it out and making the most of it is what it’s all about!!!
Give the Mr. a high five 🙌🏾 over steaks the next evening you happen to enjoy in that way!
Have a great one!
I HAVEN'T SEEN SO MANY HELP WANTED SIGNS IN MY 63 YEARS OF LIVING
TODAY'S SOCIETY IS LAZY DON'T WANT TO WORK
Why work when you still stay stuck in poverty and can't even afford a place of your own? Many have given up. I work. I'm homeless. Your generation had it way too easy. Just one job and you can buy a house and get married and take care of the family while the wife stays home with the kids. Now you have the husband, the wife, and even the kids working, just to barely afford rent and food.
@@Network126 that person is most likely a baby boomer sitting at home eating a subway sandwich with a bag of chips and a soda collecting a pension Medicare and social security all at the same time right now very comfortably wile talking down on any and everyone that crosses his path with a judgement.
@@Network126well, I'm sorry your homeless, but it sounds like you're living with your parents, relatives or friends.....you might ask yourself how did they do it but you didn't
@@josephdominics5935that person probably started working at 15 with a minimum wage at $1.40 per hour, did not have the latest fashion, did not splurge on beauty salons, nails, vacations, new cars, worked through college, never took welfare, never took food stamps, maybe held two jobs, packed a peanut butter and jelly sandwich in a brown bag for lunch, ate bologna sandwiches for supper.......just sick the "F" up, brat
@@legalbeagle295 Huh? I'm living alone in my broken dying car on the streets of Los Angeles trying to survive on rideshare and delivery jobs but I'm overwhelmed with problems and housing is too expensive.
Last time I ate at the local Dairy Queen I was charged an additional $3.00 for each cheeseburger by saying I wanted “everything” on them … “everything” was onions, pickles, tomatoes and lettuce!!! Yep, $3.00 for each burger!!!
Last time I ate at the local McDonalds the cheeseburger was COLD, yep it was literally COLD!!! I went back to the counter to complain and was asked how long ago I bought the burger from the same guy who handed it to me about 3 minutes earlier… I’m so DONE with eating out … crappy food, crappy service and way too expensive!!!!
If people would stop eating out for a month, these money grubbing so called restaurants might get the flick
Paying that much is INSANE, for crap, NO THANKS
We quit going to Dairy Queen after they shrunk the size of their Dilly Bars and Buster Bars. Joke. Greedy company.
Grow your own food and support local Small Farmers
You can't grow carbonated soft drinks, doughnuts, doritos and kit kats in a garden. The average American's taste buds are trained to love such "foods" and they don't want to give up such garbage.
I'm homeless in my car and I eat fast food everyday because I have no way of cooking or washing dishes or keeping food fresh..
@@Network126 It's very hard out here. I hope your situation improves. PB&J sandwiches have always been a lifesaver for me.
Local small farmers are going away also…
Their children no longer want to inherit the farm and be farmers. Plus, the government is pushing green policies that tax them to death.
When the farmer gets too old to farm anymore, and their offspring don’t want the family business, they end up putting the farm up for sale and big developers come in, swoop it up and build apartments.
I live in farm country and I’m watching this happen all around me in live time
They will close due to mandatory minimum wage requirements
Why is it always the low end workers fault? Try focusing on the top and question why they aren't taking any pay cuts rather than passing on the cost to customers and allowing front end low wage workers who barely can make ends meet take all the blame.
You are the only person I’ve heard bring up this HUGE factor.
Yet, everyone around me seems to think higher minimum wages is the answer… these people know nothing
@@Cerulean0987 Because "low end" workers are more accurately called unskilled labor. They have nothing to offer but their mere presence and an assumed willingness to learn the basics of doing a minimalist job. ALSO, these unskilled employees comprise far more cost to a company than the leadership. If you cut half the employees, or half their pay, at the bottom, you make a company hugely profitable. If you eliminate the top executive positions entirely you "might" add a dollar or three a week to the bottom paychecks...while leaving a company rudderless and bound for certain collapse.
The raising of minimum wages will not save America. Biden is killing our country in a few short years. Impeach Biden and Harris and all Democrats including the Dem Squad of people, that do not give a damn about any minorities in the USA. Americans are all suffering.
Wages have been stagnate since the 1970s, yet prices are sky high. It's NOT wages that increase the price of goods; it's Corporate Greed !!!
Also blame the lack of willing young folks to work OR expecting high wages ($15 $20 / hour is ridiculous!)
Instead of placing the blame on the poor try asking multimillionaire CEO to take a paycut for the greater good. Let me know the answer you get. I bet it begins with an N and ends in a O.
@@Cerulean0987 Such a stupid point. If you eliminate executive salaries across the top of a corporation you "MIGHT" add 2 or three dollars a week to unskilled labor's paychecks...while leaving your company rudderless. If you want a nice income gain skills. If you want to remain unskilled then take what you get and stop crying.
No. What is ridiculous is charging $1800 for a studio apartment. Hyou can’t afford that on $15 an hour.
@@sactopyrshep Yes? So? There are lots of things you can't afford when you don't have the skills to get a good paying job. There are two solutions: Gain skills and become worth more, or, be satisfied with having less.
@@scottysgarage4393 I believe if you are trading your time and labor to allow a business owner to sell his wares or ply his trade, they should pay you a wage that is sufficient to allow you to purchase food and shelter.
government got what they wanted Everybody wanted $16 an hour to flip a cheeseburger. Which drives up the costs which drives down the customer base, which drives down profits, which closes doors.
Your really stupid.
You want homeless people working your restaurants? You want desperate, hungry workers flipping your burgers? Ever think of looking at the impacts of greedy landlords raising the cost of living?
@@cuseyeti_one8three Get a job skill. You can't live off $16 an hour anyways, so go get a career. Go get a talent, go get something besides flipping burgers. Because at that point you're just useless to society.
Don’t blame the workers!
The private equity companies that own these places have one goal: to squeeze every cents profit to the investors.
Workers only get 4 hour shifts with no lunch, no breaks, no vacation. Most workers will have two jobs or will easily leave if they find anything better.
There was a time when immigrants would open places to eat.they knew how to cater to locals. Now the corporations run places with no knowledge of customer service.
Burger King has been on a rapid decline for years. Awful service, smelly dirty restaurants, not open early, nasty food, expensive.
What, don't you like people standing in your food before they serve it?
@@philsmgb4393 😂
I remember back in '82 I used to love going to Burger King and getting a Whopper and fries. They were so good. But times changed. I went to Burger King the other day for the first time in about six years, just to see, maybe I'd get a good Burger like I remembered back in the day. Nope. I may pass away before I ever think to go there again. It's gonna be years I imagine before I forget how bad it was again.
Totally left out that some chains have totally broke out if their typical pricing. It has become EXPENSIVE to dine at Denny’s, and quality of food and most notably has plummeted in many chains, even steakhouses like Outback, Longhorn and similar.
Prices are outrageous because Bidenomics disease has taken over the major companies that create the food. Control the food, control the people. Don't you see your freedoms are being taken away by all Democrats?
Most of these restaurants are going down because their food sucks. Burger King has been awful for 20 years. IHOP can't cook eggs or bacon properly. Neither can Denny's. Sonic food tastes like it's been sitting under heat lamps for a few days. Cheesecake once had very good food but it turned mediocre more than 10 years ago. Their menu is huge which means they do nothing well. Walmart sells better cheesecake.
Thank you!
This is exactly what it is! If the food was really good, people would come and pay for it. It’s not rocket science.
Overtime focus on profit for shareholders leads to overpricing and consumers fleeing. If in the meantime inflation goes up it only quickens the process. Not crying for these chains, they made billions luring people to their business with offers at the beginning before they started milking them for profits.
Wrong Wrong Wrong Wrong!!!!
Not just shareholders. You have to sell a hell of a lot of burgers to pay executive salaries.
When a burger and fries cost $15 at a fast food restaurant, and you get slow and surly service, and your order is usually wrong or incomplete because the workers are unmotivated due to management not being able to hire anyone, resulting in no disciplinary actions taken towards lazy, incompetent, and entitled employees, then you get a decline in business due to angered customers. Ever have a teenager curse you at a fast food place because you told her manager that she cooked the wrong item? I showed a manager a receipt and explained that I was allergic to the food I was given, only to be threatened by an angry kid who decided that she could tell I was illegitimate by looking at me. The manager sent her home with pay when this spoiled brat threatened to quit. No wonder chains are increasing the number of robots at their locations. Ever seen the video of a fast food employee who didn't like being told she forgot the French fries? She took out a pistol and discharged it at a family in their vehicle at the drive-through! It's a GOOD THING that they're closing!
I have to admit, since 2020, I eat out about once every two months. I used to eat out at least twice a month. Not only has inflation made dining out less attractive, but it is far cheaper (and healthier) to buy fresh food and cook at home.
eating supermarket food is just as bad as many restaurants, high prices, and cheap portions
*Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject! Thanks to Mylah Evander*
Mylah totally changed my life for good. I have come across individuals but none is as honest as she is. So surprised you know her too.
MYLAH EVAN1
SHE'S MOSTLY ON TELEGRAMM WITH THE ABOVE NAME!!!
Maybe this upheaval is needed. The big chains have had their run and it's time for local businesses to make a come back. I eat the majority of the time at a local restaurant. Yeah, they don't have the advertising of their name splash everywhere like the big chains. But, when I want a hamburger I will drive to a local burger joint. The nice thing about a big chain is that they are easier to find when traveling around.
The only restaurants that will survive are the ones that become fully automated. Next year in California, all fast-food workers will be making $20 an hour. Just imagine how much a Big Mac is gonna cost 😡
Ask a CEO to take a pay cut and let me know the answer you get.
No staff? There is a problem with young people that just don't want to work to have some extra money towards their goals. Entitlement and being spoiled is a problem.
U have to get rid of the minimum wage requirements, they are killing companies
Actually its because during the pandemic they learned they didn't have to work for peanuts as others did before. 🙄
Plenty of people work and are still in poverty/homelessness and just give up..
@@brealistic3542
Until we leave this earth we WILL work.
The problem is they want a 6 figure salary but don’t want to go to school , don’t want to work to gain valuable experience etc.
They want to leave high school and get a 6 figure income.
I’m 39 and my peers and I LOVED working our little part time jobs in high school. It gave a sense of independence because now we had our own money.
NOW after moving up the corporate ladder with a valuable degree that is worth something, I now make 100k and over .
Entitlement and being spoiled are the owners that have 10br/12ba homes with 5 vehicles. Because they overpay themselves. And don't even pay the workers enough to live in a 2br apartment and afford 1 car. Make it make sense.
All of these restaurants have one thing in common - a direct tie to Wall St. Their performance in the stock market is the constant driver to improve value for shareholders. This includes raising prices, cutting costs and closing slower-performing locations. It is a race to the bottom and it's going to get ugly. Upside? The opening & survival or more locally-owned mom & pop restaurants that don't have to answer to anyone but their customers.
Eh, good riddance to a lot of these chains. Is anyone really going to miss Ponderosa or Red Robin?
Of all the eateries mentioned here as far as being in financial straits, I'm most surprised that Cheesecake Factory and Red Robin are listed amongst them. Especially the CF. I've dined at their establishments in numerous locales for more than 40 years, and I've never noticed any decline, either in attendance - they're always super busy - or quality of their food. As for Red Robin, I can only speak for the one that's near my house, and it too is always busy. But you never know in this day and age what's doing well and what isn't.
RED ROBIN IN PENSACOLA, SUCKS
I feel like CF might have losses due to food waste and their large menu. It seems like it could be more efficent.
@@RichV20 I kinda agree here. I mean, I'm glad they offer a large variety of choices, but they could probably trim it down some and still have a lot from which to choose.
Yes, the menu is too large!@@RichV20
5-6 years ago Red Robin was about my favorite sit down burger place. The quality was outstanding, the portions were obscene and I left feeling I got my money’s worth. This summer I went in a pinch (Wife hates it kids love it.) and unanimously we all hated it and wished we went to Wendy’s.
However that’s now $60 for a family of four.
This is the unintended consequences of raising the minimum wage to $15 an hour. Here in California, as of April 1st the minimum wage will be $20 for fast-food workers. Inflation is high, interest on loans is high. What's the first thing people cut back on, going out to eat. This is only going to get worse.
$15 per hour is nothing. The Average rent for an apartment in Florida is $2000 per month. I disagree with your statement.
I disagree too. People often blame low wage workers for high prices. Why not insist CEOs bear some of the responsibility and allow low end employees to survive.
Don’t forget it is a game . We the people loose .
First they rise prices ,rent etc and they say hey let’s increase the minimum pay . We not gonna catch up ever .
You nailed it!
I can’t believe Cali is going to pay fast food workers $20 an hour… that’s going to devestate what’s left of the economy.
People that demand these high minimum wage have ZERO economic intelligence.
$20 an hour was once (not that long ago) reserved for highly skilled workers who were the foundation of the middle class.
The biggest problem with raising the minimum is that the skilled-middle class worker gets no raise as everything around them goes up in price.
@@prd004.2 What are you smoking?
A brand-new Sonic just opened in Blairsville GA one week ago. THe stream of cars at the drive-thru window never ceases.
I have fond memories of Ponderosa restaurant and Bonanza restaurant as I grew up with them. In their time they were the only steakhouse restaurant around. It was a time when the weekly cowboy show Bonanza played on TV.
Burger King....always cold food and bad staff.........at least where i am located!
Here too. And slow terrible service with cold food
I have complained that their food, especially their burgers & fries, are nearly always room temperature!
I got bad food poisoning at Burger King....never went back.
The price of eating out has been increasing over time, but has taken a huge increase since the pandemic, along with many other products and services. Increased wages maybe part of it along with higher costs to ship. The city a restaurant is located in also may increase the price. I live in Western New York State and here people really love to eat out. Certain times of the day restaurants are filled to capacity and apparently are doing well. The pandemic did force many to be open on fewer days, but old regulars mark their calendars as to what days, and of course Friday nights are always busy. Anyway, we shall see if any of these restaurants mentioned will really be gone a year from now.
Maybe if restaurants served healthier food or more Americans learned to cook, we would be a healthier society
Few have tried all failed. You go to a restaurant for its taste, not healthy food. It is a treat not a normal way to eat. Yes, people need to learn how to cook again as that is the only healthy way you can eat regularly. High costs and low margins will force many business to close their doors. The gig economy is failing now as well with these places closing.
Or people start taking care of themselves, stop blaming others and have some discipine.
I hardly ever eat out at all. Screaming kids, people bringing their dogs into the booth, noisy loud talking, sales tax and tipping are expensive as well as the food. Then there is the unhealthy aspect -- everything is full of fat, salt, and sugar, three of the worst things for health.
If restaurants served healthier food, people would not buy it. Americans like their processed high fat, high sodium, high sugar food. Plenty of Americans cook unhealthy foods also. It's about being disciplined to eat and do for your body what is natural and healthy, not what your perverted tasted buds are telling you to eat.
I'm homeless in my car and I eat fast food everyday because I have no way of cooking or washing dishes or keeping food fresh..
During the 90's, HARDEES was the hands-down best breakfast biscuit restaurant, with a combo around $3. Drive-thru lines around the building. Now, the same combos are $8 . There is a HARDEES near me that , during the 3 to 5 PM slowdown, just tells the drive-thru customers that "the system is down" and refuse to take your order. When you drive away, you can see the employees sitting together at one of the indoor tables.
Ew.
.......sitting at the tables - smoking cigarettes. Those employees STINK like cigarette smoke !
Hardees is changing it's name to Hardleys..😂
I'm not certain that fast food operations going out of business is a bad thing.
You can think California and Governor Newscum. A crew of four each making 20 an hour is $80 per hour. That would be $640 per 8-hour shift. Not counting cost of overhead lease space electricity and the actual food cost. That would make a Burger King just to pay for labor have to sell $108 worth of items every hour on the hour
Funny, they somehow manage to make enough to pay the ceos millions but not to pay their workers 20k a year?
Newscum is nuts. High prices will kill business.
@@NeeNee_B.Yes, that's always been the case and always will be. The 10% at the top make more than the 90% at the bottom.
It’s not supposed to be a livable wage, it’s for high school kids and others who fail to improve their lives, you have to move on from these jobs
@@Demy1970 what??? So in the greatest nation on earth with a multi trillion dollar economy... Enough money to give billions to people all around the world... What's the most expensive health Care on the planet.. lol. You think American citizens that work fast food don't deserve a living wage wage just because they work in the service industry?
The last time I ate at Red Robin, there were two women sitting at the table behind us, and their kids were wearing pajamas, creating a lot of noise and running all over the place. It never used to be this way, and now it's everything and anything. I eat at now home, so I don't have to deal with this while paying for a $25.00 meal.
Sad to see carrabas go. I remember when the ambience of their restaurant was great along with the quality of food. They seemed to go downhill after the remodeling had been done where you couldn't see the amazing chefs at work.
I really liked eating at The Cheese Factory in Ft. Lauderdale when I was working in FL for 3 years. But, there isn't one in my area😢
Hard Rock Cafe may be replaced by Bad Rap Cafe.
YOUR GOVERNMENT AT WORK
Some of the "meals" at McDonald's are now $8-$12. Per person. Drinks are $1.99. We just can't afford that. About the only thing we still go to is Chik fil A.
Cracker Barrel closed in my hometown and I can tell the menu changed where you get less to choose from. It's sad
Ihop: the food was always served cold. Burger king: filthy; Ponderosa: horrible service; Sonic: slow and filthy; Red Robin: bad service: Potbelly: never heard of them;Carabas: the food always came burned to smithereens: The cheesecake factory: fattening and unhealthy;
You must be an optimist--eating at at those places!
.....Potbelly is a chain based in either Arvada or Golden or Boulder Colorado. I ate at one in Denver about 10 years ago.
It wasn't terrible - but I will take a half dozen of those 2 for 99 cents tacos at Jack in the Box over most all of them !
What I’ve noticed in some fast food places is the lack of decent workers! Many never even smile when talking to a customer, many just drag their feet around looking like they would rather be somewhere else than actually working! I’m off and on with our local KFC - I’ve had great service and super food but a couple weeks ago I stopped in - waited at counter (NO I do not do drive-thru for many reasons!!!) - the employees were sort of behind the prep area having their own conversation and never even noticed that I had walked in! I did wait for a short while - curious if or when they noticed a customer - finally left! Perhaps I should have done a “Karen”! but I’m not like that!
So lets do our part and ELECT A PRESIDENT who understands business instead of just political rhetoric.
You mean re-elect Joe Biden. 😊 If you're referring to the previous occupant of the White House, he managed to bankrupt a casino, bought an airline and ran it I to the ground, couldn't sell steaks, liquor, or bottled water, and ran a scam university.
Well, I guess that leaves Trump out
Red Robin is my favorite. The location of mine is always amazing and I am blessed to have it.
Red Robin used to have the best giant burgers for a good price. Now all you get is a small hamburger, and double the price. To get the big hamburger, you will need to sell your soul to afford it. And quality is no longerl the same. We quit going there years ago.
Pondarosa's down?!? - I will talk to Hoss and Pa about it.
Houses IS GREAT
The good old days of TV! Hoss was my fav. Died way too young.
Customer dissatisfaction usually means bad food
Now it's bad food at a high price... they can fold up, I won't miss them.
I might agree with some of these, but I don't think Burger King and IHOP are going away in 2-3 months. Maybe they'll close some local/less profitable restaurants, but they're not vanishing. I prefer Burger King to McD as I expect many people do.
@hobie1115 McD's doesn't use microwaves or have their burgers marked at the factory with grill marks. BK does not "flame broil" anything anymore. + the rest of their menu stinks compared to Wendy's or McD IMO
These fast food places are not going under because of the prices and people not having money. They are going under because the employees and/or managers just don’t care and it shows in the food served. My job is recession proof being in the energy sector. I will not eat at any fast food places because the service is just awful. The employees are making more. They are getting paid more. But the service is terrible. The whole experience is. Last time i ever went to a fast food place was Taco Bell 9 months ago. Going thru the drive thru, I heard that normal drug addict voice that druggies have. I knew the food was gonna be terrible so I just left. I’ll go to a local establishment all day and normally do with working so much. But never a chain restaurant again.
The dregs of society patronize these places as well. Just stay home and make your own meals. That is what I do. That way, I know what I am cooking and the ingredients are better. Most restaurant food is ultra processed.
We do not go because of the high prices....even if the quality was still the same (which it is not), we are priced out.
@@tinasmith8241 I don’t anymore either because of the prices. For my family of 4, any place will be 60 or close to it. I can get better quality for that amount
One should not ignore an national epidemic of type 2 diabetes where carbohydrates are lethal to the customer. They want to eat at AppleBees but can't!
The main killers are meat, dairy, eggs, oils, fried foods, and yes refined flour and sugar products. All lead to heart disease and/or cancers.
Too many restaurants raised prices which with decreasing discretionary income, found the elastic market options for more budget friendly options, so raising prices reduced revenue. Add some of the mandatory or pressure to tip well over 10% made customers give where they go second thoughts.
Most restaurants have lousy service and can't get the order right. Sonic has stale hot dog buns. You order a milkshake you get " Our machine is down." They deserve to go out of business.
It is no wonder that Red Robin is going away. Here in Vegas the chain was the place to stop for good service and great burgers/fries/onion rings. In the last couple of years everything has declined to the point that it is a joke among the many locals who used to go at least once a week. Good riddance in my opinion.
PENSACOLA FL ONE TOTALLY SUCKS, and Had ripped seats, dirty, no staff, DISGUSTING
All by design!!
Stop allowing people to bring their stinking dogs into the restaurants. I boycott that. leave your dogs at home!
Many of us don't even have homes anymore
I don't have a dog though, just saying
Right???
I work in a grocery store and people just bring their pets in now and nobody says anything
I would rather eat w dogs than some people.....
Riddance ! They have overcharged far too long.
Everyone should be happy. Look at the ingredients they use here versus other countries they open the same brand up in. Idk what they thought was gone happen being greedy won’t make you last
I totally agree that the quality of these chains has gone downhill in recent years, especially IHOP, Denny's, Burger King, and Sonic, in my own experience. And some, like Ponderosa, have slowly been dwindling for years. And I can't even remember the last time I saw Benihana, much less eaten at one. But to say all of these will be vanishing in the next 3 months? Nope. If you look around at the end of January 2024, I'm willing to bet most if not all of these chains will still be around. Smaller, perhaps. But still here.
Hubby and I are finding it harder and harder to justify the luxury of eating out in a restaurant. We have chosen to prepare a home-cooked seafood fettuccini dinner for my upcoming 65th birthday dinner because the cost for our family for such a meal would be astronomical! 😲😲😲
I cook at home now. tipping has gotten out of control.
Also, customers are dissatisfied with the food quality, cleanliness of the restaurants, and lack of or poor service. All three of these are tied to employee training and accountability. Hire people who want to work, and managers who want to manage. This is ALL the fault of these companies. When prices go up, then it's the responsibility of these restaurants to provide the BEST experience possible for their customers. We purchaed a van with all the comforts of home because of these issues. We have a stove, microwave, refrigerator, and a bathroom. We no longer need unclean restaurants/bathrooms and rude employees.
Makes one wonder if the almighty rise of minimum wage is the culprit of most of these closings. Minimum wage is shrinking choice and creativity in America. Pretty soon there will only be poisonous low quality food joints left. Thank you 38 year old burger flipper for never pushing yourself to advance in life to an adults job. Huge increases in Minimum wage is destroying choice while making my money worth a lot less.
Ask a CEO to take a pay cut and let me know the answer you get.
@@Cerulean0987 why should we demand a ceo cut his pay? I’m not saying right or wrong just asking. I think the problem is that people are too willing to stay at minimum wage jobs. Why? There is no reasonable excuse to work minimum wage if you are over 21 and have kids. I see these people jumping from job to job and calling off, showing up late and complaining every waking minute yet not doing a single thing to better themselves. It’s excuses. I worked minimum wage for a few years and moved up. No college, no family money, no special skills at all. The only thing I had was a desire to not earn $5 an hour! Some people will bitch and moan and never sacrifice to better themselves. They are on their knees to life and take a victims stance. It’s always someone else’s fault. You think if the ceo had to take a pay cut that the minimum wagers would make more? It wouldn’t work that way anyway. There’s no correlation between the two. I hated my low end jobs and that was enough to motivate me to get out and move up. I think some people would rather take a hand out than to work with the system to succeed. It’s so much easier to point fingers and blame others than to show up on time and do a good job…. So you can advance and get out. Whoa, I got way off there! Respect-- not many YTers can have a constructive talk about this. Hopefully you are different
@@fortyfour6626 OK Boomer. You're probably not a Boomer but you have the same attitude. Many of these low wage jobs are I places which are already economically depressed, like dying industrial towns and rural areas where there is little opportunity to trade up to higher paying jobs, many of which require a college degree. Now you'll probably sound like a douchebag and say why don't they just pack up and move where there are more Jobe, but once again there's t h e issue of education for some fields, and then there's the added issue of cost of living. What good is it to be paid $20/hr if you're paying $1,000/month in rent fir a studio or one bedroom apartment, not to mention higher costs for driving a car including gas and insurance? Have you lived in New York, San Francisco, Los Angeles, Boston, or even Chicago lately? Sure, they could move to Phoenix, Austin, Nashville, or Charlotte, but those cities are already experiencing the same astronomical price increases due to surging demand, not to mention the GOP douchebags currently running the stare governments.
It's not just the executives' pay. It is also all their perks, like stock options, bonuses, company cars, company credit card, etc. We should follow what many other countries do - put limits on executives' pay to equal a certain % of what their workers make. What the neck do they do that warrants all that pay? How do they bring actual value to the company? Some special people may, but not the vast majority. When one had so much money that they can't spend it in their lifetime, that's too much! NOBODY deserves that much money for the little work that they do.
This is called: "We're all broke." I love Denny's. I worked there as a teenager fifty years ago. The current establishment would rather I spend my money on taxes.
Corporations set their own prices. Nobody else to blame, it’s just corporate greed. The restaurant business has always been tough.
I live in Bloomington, Indiana. The reason the reason why this location closed is because the food was nasty and employees were on drugs. It's a few blocks from The Indiana University stadium and a key part of town. They should have had every reason to succeed, but bad management.
Be sure to vote for Biden Nomics if you want more of this loss to your wallet and life.
Its also declining because of food deliveries like uber eats , door dash, insta cart . Not to mention employees are tired of being underpaid and over worked and no reasonable hours and mistreated on the job . No wants to deal with disrespectful customers and employees on the job.
Buy LOCAL, dine LOCAL, bank LOCAL, shop LOCAL, live LOCAL, be LOCAL. Let's work to rebuild the fabric of COMMUNITY the United States of America was built upon. Stop the rich from getting richer while they destroy the fabric of life for the majority of Americans!
Buy an electric car..
Build Back Better folks! High prices on everything!!! KFC to feed a family of 4 is 60.00 or more. One person to eat at a choke and puke easily 16.00
The Sonic here (Ozarks area) is next door to a Braum's, a regional dairy. Sonic is selling burgers at a quasi-East Coast price, while the reginal dairy next door is selling burgers at about a 30% discount, and the quality is at least as good if not better. Hmm. Wonder shy it's not doing so good?
Well, we still have Costco food court.
GLOBAL ECONOMIC RESET
These fast food joints are killing us look at it as a cleansing for our health
Everyone has smaller pockets. Cooking at homes is the trend, to survive.
What a surprise all the garbage places are closing I guess if you can’t have a good product at the right price you’re going to close makes sense
I’m surprised my hometown…..Milwaukee….wasn’t on this list. It started to deteriorate in the late 60s and has gone downhill ever since.
Restaurants don't seem to understand that they get only ONE CHANCE to win and keep a customer. If the food is not up to par, a customer will NEVER come back. In Mt. Pleasant, PA there;s a restaurant called "The Service Station" (it was an old gas station on the main drag)that does a "land office" business! Why? The food is great! Simple.
🎶At BK you can't have it your way cuz, they're closed!🎵
Eating out everywhere has gotten way too expensive, not surprising restaurant chains are going under...thanks Uncle Joe...
How the hell can you lose money with selling pasta or pancakes? They cost close to nothing to produce...
There are way too many restaurants because they overbuilt and they charge way too much for what you get.
One point I’d like to make about these closures and other business and it seems to come in waves is. Most of these business locations the buildings/ properties are NOT owned by the restaurants themselves but least on long term leases generally on 10 year contracts give or take. So what’s going on in my opinion is the restaurant chain looks at these locations probably at least 2 years in advance and puts them on a internal watch list and when it comes time to renew or not to renew the lease they chose not to renew. And if a lot of these locations where open years ago at the same time they might have a hole slug of renewals coming do at the same time. So I think they chose to not renew and maybe lock for a more favorable location. By looking at a lot of data in trends like local political climate. That can include long range urban planning by cities-etc. Local business climate. National and international business climate that has a positive or negative impact on the local community. So in ending there are 3 ways to get out of a property lease. 1 not to renew. 2 file for bankruptcy protection that allows them to break the lease without penalty. 3 break the lease and incur a penalty that is less then what they are loosing In daily operations because they might be within a year or to of lease renewal but it’s cheaper to take the hit and move on. Only time will tell on all this.